Randall Jensen

Sacramento spent $680,000 from September through April on its unsuccessful effort to build a new arena for its pro basketball team, according to the local press.

California’s Legislative Counsel says the Metropolitan Transportation Commission’s $93 million purchase of a building in San Francisco, using bridge toll money, violates state law.

SAN FRANCISCO — The financial woes of some California local governments, epitomized by Stockton, have spooked some investors out of lease revenue bonds.

SAN FRANCISCO – California Controller John Chiang said Tuesday that April revenues came in $2.4 billion, or 20%, below estimates in Gov. Jerry Brown's proposed budget.

SAN FRANCISCO — Wells Fargo NA plans to seek "remedies" after Stockton, Calif., failed to make lease payments that secure bonds, which could result in the city losing control of a building slated at one time to become its City Hall.

The San Francisco Municipal Transportation Agency will use the possibility of $61 million of revenue bonds to help quell funding concerns about its Central Subway project.

Alaska’s Legislature ended a special session early without any action on a gas pipeline bill or on a proposal by Gov. Sean Parnell to lower oil taxes.

California Gov. Jerry Brown's rosy revenue projections are likely to be reworked back to reality later this month.

California lawmakers are considering a new bill that would change the state's four-month old municipal bankruptcy law, reigniting a battle between public employee unions and local governments.

SAN FRANCISCO — The board of the California Health Facilities Financing Authority has voted to reduce its issuance fees as it battles to remain competitive with other conduit issuers.

Washington will sell its first ever Garvee bonds next month as it works to raise more money to pay for a replacement floating bridge to help ease traffic in the Seattle region.

Moody’s Investors Service said Tuesday a new voter-approved sales tax to support a struggling arena that has defaulted on notes is a credit positive for Wenatchee, Wash.

San Diego hotel owners near the Southern California city’s convention center have voted in favor of creating an assessment district to help fund an expansion of the facility.

A Sacramento Superior Court judge ruled on Wednesday that California Controller John Chiang does not have the authority to dock lawmakers pay for late budgets.

California Treasurer Bill Lockyer’s wife, Nadia Lockyer, resigned last week as an Alameda County supervisor amid a scandal.

California revenues are on track to be more than $2 billion less than the April estimates in Gov. Jerry Brown’s proposed budget, the state’s Legislative Analyst’s Office said in a report Wednesday.

SAN FRANCISCO – California prison officials have proposed a downsized spending plan that would eliminate more than $4 billion of lease revenue bond authority.

The effort to build a commuter rail line through the two counties north of California's Golden Gate has been a story of ups and downs mimicking the rolling countryside of Marin and Sonoma counties.

A judge has awarded Wells Fargo N.A. three parking garages leased by the financially troubled city of Stockton, Calif. that are pledged as assets backing more than $30 million of defaulted bonds.

SAN FRANCISCO — Standard & Poor's said Wednesday it has downgraded San Jose's general obligation rating to AA-plus from AAA due to the city's weak finances.